Ampol shrugs off hip pocket pain
Ampol’s Lytton refinery was hit by two costly outages in 2023, but stronger fuel and in-store sales have helped the company to another year of record earnings.
Ampol
ASX ends flat; Lendlease leads property falls
Economy to remain resilient: Westpac. Bendigo Bank sees competition issues in ANZ’s Suncorp bid. Boral gains, Seven Group dips on takeover play. APM, A2 Milk soar.
Ampol flags record year as retail offsets refinery earnings
Ampol is accelerating its transition away from being just an oil refiner, flagging record annual earnings thanks to a strong performance from its retail convenience business.
Ampol shares jump as margin drives bumper quarter
Ampol has delivered a stellar quarter as a result of strong refining margins, sending shares up as much as 6 per cent.
ASX 200 flat as rate hike looms
RBA Nov hike likely on inflation uptick. No interim Takeovers Panel orders as Whitehaven complains about Bell Rock’s ‘failure’. Protest vote against Tabcorp pay policy. Magellan falls on CEO’s sudden exit.
Westpac picks Ampol’s Gregg as new chair
Former investment banker Steven Gregg will take over as chairman of Westpac at the end of the year, succeeding John McFarlane.
Ampol losing interest as 7-Eleven sale drags on
As the sale process for 7-Eleven continues to drag on, there’s a growing view that Ampol is no longer working on a bid, though not officially out of the process.
Journos rebel against awards ‘virtue signalling’
Calls to boycott the Walkley Awards because of the event’s links to petroleum company Ampol have met a growing backlash from the nation’s top journalists.
Laurie Oakes’ plea: leave Walkley awards alone
The call by a group of cartoonists to boycott the Walkley Awards because of the event’s links to Ampol has been branded as ‘dangerous’ by the legendary federal political correspondent.
Truth should matter to all those talking about Walkley awards boycott
Journalists are boycotting the Walkley Awards because Ampol sells fossil fuels? Professional scepticism is too often replaced by zealotry.
‘Virtue-signalling’ cartoonists draw ire over Walkleys boycott
Walkley Award winner Mark Knight is among a group of cartoonists that has accused colleagues of ‘virtue signalling’ by boycotting this year’s prestigious media honours.
Walkleys hose down petroleum boycott
The body behind journalism’s most prestigious awards has brushed off a boycott by some of the nation’s most celebrated cartoonists and journalists because of its strong ties to Ampol.
Ampol profit tumbles as refining margins sour
The fuel giant’s interim earnings show the boom times that delivered so-called ‘extreme margins’ are coming to an end.
ASX falls; China disappoints; Iress tanks
Adairs, A2M dive on weak outlook. China rate cut less than expected. Premier lifts on CEO Richard Murray’s shock exit, review. Qantas, Star slapped with court actions.
Brisbane EV charging firm creates lots of buzz
Brisbane-based electric vehicle charging company EVOS has scored a big coup, sealing a deal with fuel giant Ampol to distribute its latest home EV charger.
Sales lift fuels Ampol surge
Shares in Ampol rallied on Wednesday following a better than expected first half driven by stronger wholesale fuel sales.
ASX rises; Westpac to overhaul ops
Rio down as iron operations track stability. Fortescue shares fall on ratings cut. Ampol lifts despite earnings decline. Northern Star tanks.
Opportunistic fund in the mix for 7-Eleven
At least one opportunistic private equity fund is understood to be courting the owners of 7-Eleven Australia.
Ampol taps UBS for 7-Eleven sale
Bids have now landed for the sale of the Australian arm of the retail convenience chain 7-Eleven.
ASX drops for third day; tech sector dives 4pc
Bourse ends at a five-day low. Xero tumbles amid tech sell-off. Boral warns of more inflation pain. New Hope soars in energy rally. Bendigo Bank ups chance of ‘hard landing’.
Original URL: https://www.theaustralian.com.au/topics/ampol/page/2